Canon has formally brought its acquisition of Océ to the Philippines, saying that the move will allow the companies to offer a wider portfolio to meet their customers’ needs.
Alan Chng, president and chief executive of Canon Marketing Philippines, says, “This move enhances our strategy and positions us to become the technology leader, offering greater value products and services to customers and partners of both our companies. With this move, we will change the dynamics of competition in the industry and that will also benefit customers in terms of cost and propositions.”
Canon Marketing Philippines handle the Océ business portfolio and act as the single interface across a range of products targeting multiple segments including transaction printing, bill printing, signage printing, photo printing, CAD and GIS printing.
Michael Sak, managing director Océ Singapore, says, “I am looking forward to expansion in Océ’s business now as Océ has joined forces with Canon. There is a great fit between our companies. We share similar values and a strong commitment to technology and innovation. This is the most compelling combination in the consolidating global printing industry and will deliver scale in R&D, manufacturing and distribution. The Philippines is a very important market for us. We are extremely proud to enter the Philippines through our association with Canon Marketing Philippines. Our partnership and the combination of the Canon and Océ operations will transform our ability to unlock the Philippine market’s considerable potential and enable us to become a significant player in the arena of professional and commercial printing in this market.”
Jojo Bolima, director of Canon’s Business Imaging Solutions division, says, “We can now offer the largest product portfolio. You name it, we have it. With the merger, the two companies are stronger together.”
Chng adds that Canon Marketing Philippines posted growth of almost 20 per cent last year, which he said was beyond their expectations. Adding that, for the first quarter of 2012, the company is hitting its sales projections and enjoying double-digit growth.